Good day everyone, please is it wise to invest in copper and brass scraps there is a 1203kg of copper and 776kg of brass in a company for me to buy but I made some inquiries and I was told that the prices has dropped due to the pandemic,but my friend said I should buy and keep it that the price will come up by October, please i want to know if its true, because buying it is almost 600k,and it's my first time of buying anything scraps

Don't invest in a business that will tie up your capital for the first time. Is not a business you are into and the economy is not picking up anytime soon, so is risky to buy them to keep. You friend desperation is because of what he stands to gain in the business. Be wise, I have done scrap and lost millions of naira.

Thanks for this reply bro

Hey guyz,investing in copper and brass scraps is profitable,I'm a living witnesses,the increase in copper per kg and brass is very high now compared to when I bought it,its almost 60%increase I'm happy I did wetin man for do,abj is a blessing I still haven't sold them yet.